With the world's population passing 8 billion recently, the mobile phone market reaches nearly half of that number... meaning a lot of cheap phones are made - less than US $100 - not all people can afoord iPhones at US $1,000
Good smartphones have never been cheaper. For less than a quarter of the price of a flagship phone, you can have a phone that does almost as much, minus a few fancy features such as water resistance, wireless charging, or multiple camera modules. A cheap phone’s display and internals can’t compete with the quad-HD (1440p) screens or top-of-the-line processors in flagship phones, but you don’t need those things to have a good experience.
Budget phones are excellent for someone getting their first smartphone, especially kids and teenagers, or for the terminally clumsy. If you lose or break a higher-end phone, especially one that you’re still paying your carrier for, you may have to shell out a lot to replace it—often $500 or more. If you don’t have insurance, you can end up paying the balance on a phone you don’t have anymore, plus the price of a new phone.
A budget phone purchased online or directly from the manufacturer is usually unlocked; you can use such a phone on AT&T, T-Mobile, or Verizon in the United States, and on most networks in the rest of the world. More important, you can use an unlocked phone on a prepaid mobile virtual network (MVNO); these low-cost carriers operate on national networks but tend to impose more data-usage restrictions or calling limits. You can use an MVNO, and if a better deal comes along, you can pop a different carrier’s SIM card into your phone and get on with your life. [Thanks to number portability]
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